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Ladder Capital LADR Spartanburg, SC — Intangibles

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Other financials

Income statement

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Revenue$30.9M+19.9%
Net income$14.6M-14.9%
EPS (diluted)$0.12-14.3%

Balance sheet

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Cash & equivalents$37.6M-72.1%
Total debt$13.3M-17.3%
Total equity$1.4B-4.9%
Total assets$5.6B+25.8%

Cash flow

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Operating cash flow$39.3M-10.8%
CapEx$743.0K-14.8%
Free cash flow$39.3M-9.5%

Valuation

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Market cap$1.21B-13.6%
Enterprise value$1.19B-7.5%
P/E23.2×+7.2×
P/S11×-3.6×

Profitability

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Net margin47.5%-43.5pp
FCF margin86.8%

Returns & leverage

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Return on equity3.6%-2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Ladder Capital in its filing.

Tagged under the XBRL concept ladr:SECScheduleIIIRealEstateAndAccumulatedDepreciationCarryingAmountOfIntangibles.

The source filing: Ladder Capital’s 10-K, filed February 9, 2026.

Filed
Feb 9, 2026, 8:35 AM EST
Fiscal year
FY2025
Accession
0001577670-26-000011
DescriptionEncumbrancesInitial Cost to Company / LandInitial Cost to Company / BuildingInitial Cost to Company / IntangiblesCosts Capitalized Subsequent to AcquisitionGross Amount at which Carried at Close of Period / LandGross Amount at which Carried at Close of Period / BuildingGross Amount at which Carried at Close of Period / IntangiblesGross Amount at which Carried at Close of Period / TotalAccumulated Depreciation and AmortizationDate AcquiredYear BuiltLife on which Depreciation in Latest Statement of Income is Computed
Retail Property in Satsuma, FL84079821192798211921,092(653)04/19/12201135 years
Retail Property in Greenwood, AR3,1431,0383,4156941,0383,4156945,147(1,757)04/12/12200943 years
Retail Property in Millbrook, AL4,2659705,9729705,9726,942(2,589)03/28/12200832 years
Retail Property in Spartanburg, SC3,3008282,5677728282,5677724,167(1,654)01/14/11200742 years
Retail Property in Tupelo, MS4,4871,1203,0709391,1203,0709395,129(1,898)08/13/10200747 years
Retail Property in Lilburn, GA1,0903,6731,0281,0903,6731,0285,791(2,195)08/12/10200747 years
Retail Property in Douglasville, GA4,6881,7172,7059871,7172,7059875,409(1,741)08/12/10200848 years
Retail Property in Elkton, MD4,3159633,0498609633,0498604,872(1,845)07/27/10200849 years

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ladder Capital's spartanburg, SC — intangibles?
Ladder Capital (LADR) reported spartanburg, SC — intangibles of $772K in Q4 2025.
What does spartanburg, SC — intangibles mean?
This metric captures the value of intangible assets associated with real estate properties in the Spartanburg, South Carolina segment, such as in-place lease values or favorable leasehold interests. These assets are recognized during property acquisitions and are amortized over their useful lives. It reflects the premium value attributed to the operational aspects of the properties beyond the physical structures.

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